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Nifty??

Talk about Futures & Options in securities. Discuss Index Futures.

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Old 30th June 2008, 04:20 PM
 
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Nifty??

For bulls it stands for:No Income For This Year !
Take it easy, guys, I'm just kidding...

Nifty spot is 4040.55, and fut is 3960 at close. If the spot dips below 4000 tomorrow, Nifty (fut) should be at 3950 since it is at 50 pt. discount. Below this, the bears will be prowling menacingly everywhere. Except for large Healthcare stocks, bit of IT, FMCG Index stocks; almost all were clobbered today. Btw, I am curious what was Hero Honda (+1.38%) doing with the 'positive' stocks in Nifty? Any news?
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Paresh
If people put you on the SPOT, ask about FUTURE, and give you no OPTION;
just tell'em "the LONG & SHORT of it is How to Make Money!"
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HI Paresh

the answer to your question is that there was institutinal activity in the counter. Where in the world r u. never got back, i have started with my consultancy. Get in touch.
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